Volume shockers: Top 5 stocks from Nifty 500 attracted heavy volumes in the first hour today!
Price and volume breakout is indeed considered one of the best combinations for traders to identify or filter stocks before investing.
Are you searching for stocks that attracted heavy volume compared to their average volumes in the first hour of today’s trading session? Then you are in the right place. Here, you will find the top five stocks from the Nifty 500 space that attracted heavy volumes in the first hour today.
Concord Biotech, a Small-Cap company in the healthcare sector, experienced a significant increase in trading activity today. With a trading volume of 4550605 shares, which is 57.09 times its average volume of 79703 shares, the stock is currently trading at around Rs 1407.75, marking a decline of 2.29 per cent. The stock has delivered a multibagger return of around 178 per cent in the past 2 years.
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Inox Wind, a small-cap company in the capital goods sector, especially in electrical equipment, saw a notable increase in trading volume today. With 89801031 shares traded, which is 20.72 times its average volume of 4333778 shares, the stock is currently trading at around Rs 147.75, reflecting a decline of 9.99 per cent and hitting a lower circuit today. The stock has delivered a multibagger return of around 405 per cent in the past 1 year.
Sumitomo Chemical India, a small-cap company in the pesticides and Agrochemical player, experienced a significant surge in trading activity today. With a trading volume of 6574012 shares, which is 6.87 times its average volume of 957454 shares, the stock is currently trading at around Rs 480.8, reflecting a 9.02 per cent change.
Natco Pharma, a small-cap company in the healthcare sector, witnessed a substantial increase in trading volume today. With 2568988 shares traded, which is 4.53 times its average volume of 567067 shares, the stock is currently trading at around Rs 1063.8, reflecting a 3.34 per cent change.
PB Fintech, a Mid-Cap company in the healthcare sector, experienced a notable increase in trading activity today. With 6986871 shares traded, which is 3.55 times its average volume of 1970163 shares, the stock is currently trading at around Rs 1215.2, reflecting a decline of 2.95 per cent.
Investors must keep these stocks on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.